LONDON (Alliance News) - Faron Pharmaceuticals Oy said on Thursday several directors purchased shares over the course of three days from Tuesday to Thursday.
On Tuesday, Non-Executive Director Matti Manner and a person closely associated purchased 22,900 shares in total at a price of 56 pence per share for GBP12,824.
On Wednesday, Chief Financial Officer Yrjo Wichmann bought 5,200 shares for 67 pence each for GBP3,484. On Thursday, Corporate Legal Counsel Pessi Honkasalo acquired 1,500 shares for 75p per share for GBP1,125.
Medical Director Matti Karvonon and a closely associated person purchased 15,000 shares at a price of 56p and 31,000 shares at 57p respectively on Thursday for GBP
Also on Thursday, Chief Executive Markku Jalkanen and a closely associated person bought a total of 36,000 shares for 71p, and Chief Development Officer Juho Jalkanen acquired 12,000 shares for the same price.
It has not been disclosed how many shares any of these directors now hold following these transactions.
Shares in the pharmaceutical company closed down 2.7% on Thursday at 72.00p.
Faron Pharmaceuticals (FARN)